The Canadian dollar tracks crude oil more closely than any other G10 currency — energy is Canada's largest export. Beyond oil, the loonie responds to Bank of Canada policy and the health of the US economy, which buys about three-quarters of Canadian exports.
| Currency code | CAD |
| Central bank | Bank of Canada (BoC) |
| Region | Canada |
| Key drivers to watch | Crude oil (WTI) prices, BoC rate decisions, US growth data |
| Tracked pairs | CAD/USD, CAD/EUR, CAD/GBP, CAD/JPY, CAD/CHF, CAD/AUD, CAD/CNY, CAD/INR, CAD/SGD, CAD/NZD, CAD/SEK |
FX Pulse shows the CAD strength index, sparkline trends for every pair, correlation analysis, economic indicators and market sentiment — updated intraday, free, no signup.
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